[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Item%201.%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides critical investor warnings, defines key terms, and outlines the report's structure [Important Notice](index=2&type=section&id=Important%20Notice) The company warns investors of a significant performance decline in 2021, attributing it to industry cycles, customer order reductions, underperforming subsidiaries, and goodwill impairment, advising caution regarding forward-looking statements - The company reported a significant decline in 2021 performance, with detailed explanations and improvement measures provided in the report[6](index=6&type=chunk) - The company faces multiple risks: - **Industry and Economic Cycle Risks**: Die-cutting and backlight module businesses face performance fluctuations, declining gross margins, and accounts receivable recovery risks - **Customer Concentration and Changes**: LCD module business experienced a substantial temporary decline in orders due to changes in major customer equity - **Subsidiary Operating Risks**: Maizhi Technology's testing fixture business faces underperformance and goodwill impairment risks, while its new automation business has technology and market development risks - **New Acquisition Integration Risks**: Post-acquisition of Shenjie Environmental, the company faces business and management integration challenges and goodwill impairment risks[7](index=7&type=chunk)[8](index=8&type=chunk) - The company's 2021 profit distribution plan proposes no cash dividends, no bonus shares, and no capital increase from capital reserves[10](index=10&type=chunk) [Definitions](index=6&type=section&id=Definitions) This section defines key abbreviations for companies, entities, and professional terms used in the report, such as "Jinfu Technology" and core business products like backlight modules - The company's controlling shareholder is Taixing Zhicheng Industrial Investment Fund (Limited Partnership), with the actual controller being Taixing High-tech Industrial Development Zone Management Committee of Jiangsu Province[16](index=16&type=chunk) - Lists the company's main wholly-owned and controlling subsidiaries, including Dongguan Jinfu, Aoying Optoelectronics, and Maizhi Technology[16](index=16&type=chunk) - Explains core product terminology such as Backlight Unit (BLU) and optoelectronic display film devices (including optical films, adhesive products, and insulating products)[16](index=16&type=chunk) [Company Profile and Key Financial Indicators](index=8&type=section&id=Item%202.%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section presents the company's overview and a detailed analysis of its key accounting data and financial performance for the reporting period [Key Accounting Data and Financial Indicators](index=9&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In 2021, the company's performance severely declined, with revenue dropping 28.91% to 970 million yuan, and net profit attributable to shareholders turning into a substantial loss of 346 million yuan Main Financial Data | Indicator | 2021 | 2020 | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (yuan) | 969,842,290.33 | 1,364,232,745.17 | -28.91% | | Net Profit Attributable to Shareholders (yuan) | -345,664,032.82 | 22,353,923.15 | -1646.32% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) (yuan) | -348,699,836.59 | 6,095,611.39 | -5820.51% | | Net Cash Flow from Operating Activities (yuan) | 54,022,807.47 | 201,682,910.32 | -73.21% | | Basic Earnings Per Share (yuan/share) | -0.3159 | 0.0204 | -1648.53% | | Weighted Average Return on Net Assets | -33.09% | 1.98% | -35.07% | | Total Assets (yuan) | 1,982,160,154.19 | 2,353,168,608.18 | -15.77% | | Net Assets Attributable to Shareholders (yuan) | 873,907,056.46 | 1,222,348,716.00 | -28.51% | Quarterly Financial Data | Quarter | Operating Revenue (yuan) | Net Profit Attributable to Shareholders (yuan) | | :--- | :--- | :--- | | Q1 | 211,456,640.32 | -14,118,449.06 | | Q2 | 203,758,223.93 | -25,174,358.34 | | Q3 | 243,373,959.48 | -6,636,519.74 | | Q4 | 311,253,466.60 | -299,734,705.68 | - The company's total non-recurring gains and losses in 2021 amounted to **3.0358 million yuan**, a significant decrease from **16.2583 million yuan** in 2020, primarily due to non-current asset disposal gains turning into losses and reduced government subsidies[26](index=26&type=chunk)[27](index=27&type=chunk) [Management Discussion and Analysis](index=12&type=section&id=Item%203.%20Management%20Discussion%20and%20Analysis) This section offers an in-depth review of the company's principal businesses, core competencies, operational performance, and future development strategies [Principal Business](index=13&type=section&id=Principal%20Business) The company's main products include LCD modules, optoelectronic display films, and testing fixtures; it expanded die-cutting business overseas, entered new customer supply chains for LCD modules, and its intelligent testing subsidiary was recognized as a "Little Giant" enterprise - The company's leading products include LCD modules, optoelectronic display film and electronic functional devices, testing fixtures and automation equipment, and precision die-cutting equipment[34](index=34&type=chunk) - Optoelectronic display film and electronic functional devices business, a core segment, has established a joint venture in Vietnam for overseas expansion, with mass production progressing orderly[36](index=36&type=chunk) - LCD module business sales revenue significantly decreased by **69.28%** year-on-year in 2021 due to the acquisition of its major customer, Suzhou Samsung Display, by TCL CSOT; however, the company successfully entered CSOT's supply chain, with orders significantly increasing from the second half of the year[37](index=37&type=chunk) - Controlling subsidiary Maizhi Technology (intelligent testing and automation equipment business) was successfully selected for the Ministry of Industry and Information Technology's third batch of specialized, refined, unique, and new "Little Giant" enterprises[39](index=39&type=chunk) [Analysis of Core Competencies](index=15&type=section&id=Analysis%20of%20Core%20Competencies) The company's core strengths include comprehensive optoelectronic display film solutions, a complete industry chain, mastery of key technologies, extensive regional network, and a portfolio of high-quality clients - The company possesses the capability to provide customers with comprehensive solutions, from product design and material selection to supporting equipment development[44](index=44&type=chunk) - A complete industry chain has been established, covering specialized processing equipment, testing equipment, backlight modules, and various optoelectronic display film devices[45](index=45&type=chunk) - The company boasts a portfolio of leading domestic and international clients, including Apple, CSOT, LGD, Foxconn, Huawei, BOE, and CATL[48](index=48&type=chunk) [Analysis of Main Business](index=16&type=section&id=Analysis%20of%20Main%20Business) In 2021, total operating revenue decreased by 28.91%, and net profit attributable to shareholders incurred a substantial loss of 346 million yuan, primarily due to customer changes, inventory write-downs, and significant goodwill impairment - Net profit attributable to shareholders decreased by **1646.32%** year-on-year during the reporting period, primarily due to: - Significant decline in orders and revenue from the LCD module business due to major customer equity changes - Inventory write-downs resulting from lower-than-expected orders in the testing fixture business - Goodwill impairment of **130 million yuan** recognized for the acquisitions of Maizhi Technology and Aoying Optoelectronics - Expenses incurred from the termination of the acquisition of Jiutai Precision - A substantial increase in income tax expense due to the non-recognition of deferred income tax assets for certain deductible losses, reflecting future profitability uncertainty[49](index=49&type=chunk)[50](index=50&type=chunk) - The company terminated the major asset restructuring for the acquisition of Jiutai Precision, initiated a lawsuit, and ultimately reached a settlement with the counterparty, who is required to return a deposit of **40 million yuan** and pay **40 million yuan** in compensation[51](index=51&type=chunk)[52](index=52&type=chunk) - To seek new profit growth points, the company initiated a cash acquisition of **53.42%** equity in Shanghai Shenjie Environmental Protection Technology Co., Ltd. for **481 million yuan**[54](index=54&type=chunk) - The company plans to issue shares to specific investors to raise funds primarily for the "High-Performance Graphene Heat Dissipation Film Production Base Project," aiming to strategically enter the advanced materials sector[55](index=55&type=chunk) Expense Analysis | Expense Item | 2021 (yuan) | 2020 (yuan) | YoY Change | Significant Change Explanation | | :--- | :--- | :--- | :--- | :--- | | Selling Expenses | 42,768,079.17 | 44,381,696.23 | -3.64% | - | | Administrative Expenses | 116,642,712.70 | 110,719,522.97 | 5.35% | Primarily due to increased intermediary service fees in the current period | | Financial Expenses | 29,432,402.32 | 33,509,847.87 | -12.17% | - | | R&D Expenses | 49,414,437.71 | 45,564,375.42 | 8.45% | - | | Income Tax Expense | 61,386,927.54 | 5,772,566.69 | 963.43% | Primarily due to the non-recognition of deferred income tax assets for certain deductible losses at the end of the current period | Cash Flow Analysis | Cash Flow Item | 2021 (yuan) | 2020 (yuan) | YoY Change | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 54,022,807.47 | 201,682,910.32 | -73.21% | | Net Cash Flow from Investing Activities | 155,864,760.83 | 7,764,021.82 | 1907.53% | | Net Cash Flow from Financing Activities | -287,072,086.79 | -142,404,519.13 | -101.59% | | Net Increase in Cash and Cash Equivalents | -79,011,959.93 | 58,609,263.66 | -234.81% | [Revenue and Cost Analysis](index=19&type=section&id=Revenue%20and%20Cost%20Analysis) In 2021, operating revenue decreased by 28.91% to 970 million yuan, primarily due to a 69.28% drop in LCD module revenue, while foreign sales significantly declined by 67.71% Revenue by Product | By Product | 2021 Revenue (yuan) | 2020 Revenue (yuan) | YoY Change | | :--- | :--- | :--- | :--- | | LCD Modules | 164,257,138.77 | 534,634,720.47 | -69.28% | | Optoelectronic Display Film and Electronic Functional Devices | 378,238,991.24 | 385,274,578.33 | -1.83% | | Testing Fixtures and Automation Equipment | 207,123,792.62 | 230,577,496.04 | -10.17% | | Metal Components for Consumer Electronics | 120,604,006.80 | 111,487,639.95 | 8.18% | - The gross margin for LCD module products turned negative at **-6.05%**, a significant decrease from the previous year, primarily due to a substantial temporary decline in orders caused by changes in major customer equity[62](index=62&type=chunk) - Sales to the top five customers accounted for **50.03%** of total annual sales, indicating high customer concentration[74](index=74&type=chunk) [Analysis of Major Holding and Participating Companies](index=32&type=section&id=Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) Subsidiary performance varied significantly, with Aoying Optoelectronics and Dongguan Jinfu incurring substantial losses, while Maizhi Technology's profit declined, and Xiamen Lifu and Changshu Minglija achieved profit growth Net Profit by Subsidiary | Subsidiary Name | 2021 Net Profit (yuan) | 2020 Net Profit (yuan) | YoY Change | | :--- | :--- | :--- | :--- | | Aoying Optoelectronics | -94,793,878.58 | 12,818,221.95 | -839.52% | | Dongguan Jinfu | -27,339,537.28 | -668,479.96 | -3989.81% | | Maizhi Technology | 17,625,790.99 | 33,595,868.52 | -47.54% | | Xiamen Lifu | 521,098.90 | -1,948,972.55 | 126.74% | | Changshu Minglija | 16,509,539.19 | 15,395,437.73 | 7.24% | - Aoying Optoelectronics' losses were primarily due to changes in major customer equity, lower new customer orders, a significant decline in operating revenue failing to cover fixed costs, and increased credit and asset impairment losses[118](index=118&type=chunk) - Dongguan Jinfu's significant performance decline was mainly due to reduced customer orders, lower product prices, additional expenses from factory relocation, and non-recognition of deferred income tax assets[108](index=108&type=chunk) [Outlook on Future Development](index=36&type=section&id=Outlook%20on%20Future%20Development) The company plans to focus on core businesses, advance graphene material industrialization, explore international expansion, and targets 1.84 billion yuan in revenue for 2022, while facing risks from economic uncertainty and market competition - The company's strategic core is to strengthen die-cutting modules, testing fixtures, and intelligent automation equipment businesses, while steadily advancing the implementation of new businesses such as advanced electronic materials[124](index=124&type=chunk) 2022 Operating Plan | 2022 Operating Plan | Amount (10,000 yuan) | | :--- | :--- | | Operating Revenue Target | 184,000 | | Cost Control Target | 144,000 | | Expense Budget | 29,000 | | Bank Loan Plan | 120,000 | - The company faces major risks including macroeconomic uncertainty, intensified market competition, integration and performance risks of acquired companies (Maizhi Technology, Shenjie Environmental), declining product gross margins, relatively high customer concentration (top five customers account for **50.03%**), and accounts receivable recovery risks[134](index=134&type=chunk)[135](index=135&type=chunk)[136](index=136&type=chunk)[137](index=137&type=chunk)[138](index=138&type=chunk)[139](index=139&type=chunk)[140](index=140&type=chunk) [Corporate Governance](index=39&type=section&id=Item%204.%20Corporate%20Governance) This section details the company's governance structure, compliance with regulations, and information regarding its directors, supervisors, and senior management [Basic Status of Corporate Governance](index=39&type=section&id=Basic%20Status%20of%20Corporate%20Governance) The company's corporate governance structure and internal control systems comply with relevant laws and regulations, operating independently from its controlling shareholder in all aspects - The company's corporate governance status complies with the relevant requirements of the China Securities Regulatory Commission and Shenzhen Stock Exchange for GEM-listed companies, with no significant discrepancies[144](index=144&type=chunk)[151](index=151&type=chunk) - The company is completely separate from its controlling shareholder and actual controller in terms of assets, personnel, finance, organization, and business, possessing a complete business system and the ability to operate independently in the market[152](index=152&type=chunk) [Directors, Supervisors, and Senior Management](index=42&type=section&id=Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, the company's board secretary and an independent director resigned, with total remuneration for directors, supervisors, and senior management amounting to 5.7785 million yuan - Independent Director Zhang Xiuhua and Board Secretary and Deputy General Manager Song Feng resigned during the reporting period[161](index=161&type=chunk) - The total remuneration actually paid to directors, supervisors, and senior management during the reporting period was **5.7785 million yuan**[169](index=169&type=chunk) [Environmental and Social Responsibility](index=53&type=section&id=Item%205.%20Environmental%20and%20Social%20Responsibility) This section outlines the company's environmental protection efforts and its initiatives in fulfilling social responsibilities [Environmental Protection](index=53&type=section&id=Major%20Environmental%20Issues) The company and its subsidiaries are not designated as key polluting units and received no environmental administrative penalties, maintaining an ISO 14001:2015 environmental management system - The company and its subsidiaries are not classified as key polluting units and received no environmental administrative penalties during the reporting period[195](index=195&type=chunk) [Social Responsibility](index=53&type=section&id=Social%20Responsibility) During the reporting period, the company actively fulfilled its social responsibility by donating 600,000 yuan to Longchuan County No. 1 Middle School through the Guangdong Chuanchuan Education Foundation - The company donated **600,000 yuan** to Longchuan County No. 1 Middle School to support education[196](index=196&type=chunk) [Significant Matters](index=54&type=section&id=Item%206.%20Significant%20Matters) This section covers major events during the reporting period, including significant litigation, related party transactions, and other material developments [Major Litigation and Arbitration Matters](index=59&type=section&id=Major%20Litigation%20and%20Arbitration%20Matters) The company was involved in multiple lawsuits and arbitrations, including a successful arbitration for equity repurchase and a pre-payment return lawsuit that ended in a win but with no executable assets from the counterparty - The company initiated and won arbitration against Shenzhen Suanyun for equity repurchase (involving **50 million yuan**), subsequently reaching an asset settlement with guarantor Xinyu Yizhao[212](index=212&type=chunk)[213](index=213&type=chunk) - The lawsuit filed by the company against Shenzhen Xinshihong Machinery Co., Ltd. for the return of advance payments (involving **30.2074 million yuan**) has been adjudicated, but enforcement was terminated due to the counterparty's lack of executable assets[212](index=212&type=chunk)[214](index=214&type=chunk) [Major Related Party Transactions](index=62&type=section&id=Major%20Related%20Party%20Transactions) The company engaged in a significant related party transaction, acquiring land, buildings, and attachments from Taixing Zhiguang Environmental Technology Co., Ltd., an affiliate of its controlling shareholder, for 163 million yuan Major Related Party Transaction | Related Party | Relationship | Transaction Content | Transfer Price (10,000 yuan) | Pricing Principle | | :--- | :--- | :--- | :--- | :--- | | Taixing Zhiguang Environmental Technology Co., Ltd. | Single Limited Partner of Controlling Shareholder | Purchase of land, buildings, and attachments | 16,300 | Negotiated based on appraisal report | [Other Significant Matters](index=66&type=section&id=Other%20Significant%20Matters) The company experienced several major events, including the termination of a significant asset restructuring, completion of share increase plans by major shareholders, divestment of an equity stake, and initiation of a new acquisition and private placement for a graphene project - The major asset restructuring for the proposed acquisition of **70%** equity in Jiutai Precision was terminated; subsequently, the company reached a settlement with the counterparty through litigation, who returned a deposit and paid compensation totaling **80 million yuan**[237](index=237&type=chunk)[239](index=239&type=chunk)[240](index=240&type=chunk) - The company's shareholder holding over **5%**, Saier New Energy, completed its share increase plan, with a cumulative increase amount of **78.4572 million yuan**[241](index=241&type=chunk)[242](index=242&type=chunk) - The company transferred its entire **25%** equity stake in Zhongke Tianji Data Technology Co., Ltd. for **90.84 million yuan**[244](index=244&type=chunk) - Initiated a cash acquisition of **53.42%** equity in Shanghai Shenjie Environmental Protection Technology Co., Ltd. for **481 million yuan** to explore new profit growth points[245](index=245&type=chunk) - Planning a private placement of shares to specific investors, raising a total of no more than **738 million yuan** for the "High-Performance Graphene Heat Dissipation Film Production Base Project" and to supplement working capital[246](index=246&type=chunk) [Changes in Shares and Shareholder Information](index=70&type=section&id=Item%207.%20Changes%20in%20Shares%20and%20Shareholder%20Information) This section provides details on changes in the company's share capital, its shareholder structure, and information about the controlling shareholder and actual controller [Changes in Share Capital](index=70&type=section&id=Changes%20in%20Share%20Capital) The company's total share capital remained unchanged at 1,094,115,412 shares, with minor structural adjustments due to increased restricted shares from executive holdings and a corresponding decrease in unrestricted shares - Total share capital remained unchanged at **1,094,115,412 shares** during the reporting period[252](index=252&type=chunk) - Share changes were primarily due to the release of restricted shares after former executives' departures and the subsequent lock-up of shares acquired by the current chairman and general manager through concerted parties, as per regulations[251](index=251&type=chunk)[254](index=254&type=chunk) [Shareholders and Actual Controller Information](index=71&type=section&id=Shareholders%20and%20Actual%20Controller%20Information) As of the reporting period end, the company had 36,486 shareholders, with Taixing Zhicheng Industrial Investment Fund as the controlling shareholder (19.19%) and Taixing High-tech Industrial Development Zone Management Committee as the actual controller Top Shareholders | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Taixing Zhicheng Industrial Investment Fund (Limited Partnership) | Domestic Non-State-Owned Legal Person | 19.19% | 209,963,460 | | Taixing Saier New Energy Technology Co., Ltd. | Domestic Non-State-Owned Legal Person | 8.42% | 92,133,024 | | Sun Haizhen | Domestic Natural Person | 1.98% | 21,618,607 | | Wang Jianjun | Domestic Natural Person | 1.59% | 17,351,972 | - The company's controlling shareholder is Taixing Zhicheng Industrial Investment Fund (Limited Partnership), and the actual controller is Taixing High-tech Industrial Development Zone Management Committee of Jiangsu Province[260](index=260&type=chunk)[262](index=262&type=chunk) [Preferred Shares Information](index=76&type=section&id=Item%208.%20Preferred%20Shares%20Information) This section confirms the absence of preferred shares during the reporting period [No Preferred Shares](index=76&type=section&id=None) The company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[268](index=268&type=chunk) [Bonds Information](index=77&type=section&id=Item%209.%20Bonds%20Information) This section confirms the absence of bonds during the reporting period [No Bonds](index=77&type=section&id=None) The company had no bonds during the reporting period - The company had no bonds during the reporting period[270](index=270&type=chunk) [Financial Report](index=78&type=section&id=Item%2010.%20Financial%20Report) This section includes the audit report and detailed financial statements, presenting the company's financial position and performance [Audit Report](index=78&type=section&id=Audit%20Report) Tianheng Certified Public Accountants issued a standard unqualified audit opinion on the company's 2021 financial statements, highlighting revenue recognition and goodwill impairment as key audit matters due to significant management judgment - The auditing firm issued a standard unqualified audit opinion[272](index=272&type=chunk)[273](index=273&type=chunk) - Key audit matters include: - **Revenue Recognition**: Due to revenue being a key performance indicator, there is an inherent risk of management manipulating the timing of revenue recognition - **Goodwill Impairment**: Goodwill is a significant amount (**217 million yuan** at period-end), and its impairment testing involves significant management judgments and assumptions regarding future cash flows[275](index=275&type=chunk)[276](index=276&type=chunk) [Financial Statements](index=82&type=section&id=Financial%20Statements) The 2021 financial statements show total assets of 1.982 billion yuan, a 15.77% decrease, total liabilities of 1.049 billion yuan, and net profit turning into a loss of 345 million yuan, with operating cash flow significantly reduced Consolidated Balance Sheet Key Items | Consolidated Balance Sheet Key Items | As of December 31, 2021 (yuan) | As of December 31, 2020 (yuan) | | :--- | :--- | :--- | | Cash and Cash Equivalents | 308,982,033.03 | 331,369,977.00 | | Accounts Receivable | 401,209,894.48 | 441,836,326.07 | | Inventories | 132,651,992.68 | 156,034,883.70 | | Fixed Assets | 328,709,247.33 | 365,073,773.17 | | Goodwill | 216,837,531.54 | 347,263,594.23 | | Short-term Borrowings | 364,019,184.12 | 732,178,909.50 | | Accounts Payable | 223,734,950.28 | 242,779,697.42 | | Total Assets | 1,982,160,154.19 | 2,353,168,608.18 | | Total Liabilities | 1,049,491,396.06 | 1,076,779,859.15 | | Total Equity Attributable to Parent Company Owners | 873,907,056.46 | 1,222,348,716.00 | Consolidated Income Statement Key Items | Consolidated Income Statement Key Items | For the Year 2021 (yuan) | For the Year 2020 (yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 969,842,290.33 | 1,364,232,745.17 | | Total Operating Costs | 1,033,809,624.04 | 1,324,378,003.00 | | Credit Impairment Losses | -44,773,349.13 | -13,109,351.93 | | Asset Impairment Losses | -178,385,595.92 | -4,348,213.62 | | Total Profit | -283,548,865.46 | 32,641,529.66 | | Net Profit | -344,935,793.00 | 26,868,962.97 | | Net Profit Attributable to Parent Company Shareholders | -345,664,032.82 | 22,353,923.15 |

苏州锦富技术股份有限公司 关于前期会计差错更正的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 苏州锦富技术股份有限公司（以下简称"公司"）于 2025 年 7 月 1 日召开 第六届董事会第二十一次（临时）会议和第六届监事会第十八次（临时）会议， 审议通过了《关于前期会计差错更正的议案》，具体情况如下： 一、会计差错更正原因 公司及原子公司上海挚富高分子材料有限公司 2021 年度、2022 年度与供应 商厦门市中智信联实业有限公司、客户厦门炬煜实业有限公司开展金属品贸易业 务，公司及原子公司在该业务中只履行垫资义务并收取固定利息，根据《企业会 计准则第 14 号——收入》的规定，相关所得不应计入营业收入。根据《企业会 计准则第 28 号-会计政策、会计估计变更和差错更正》以及中国证券监督管理委 员会《公开发行证券的公司信息披露编制规则第 19 号———财务信息的更正及 相关披露》等相关规定，公司对 2021 年第一季度、2021 年半年度、2021 年第三 季度、2021 年年度、2022 年第一季度、2022 年半年度、2022 年第三季度、202 ...

Core Viewpoint - Suzhou Jinfeng Technology Co., Ltd. (referred to as "Jinfeng Technology") has been penalized by the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission for violations related to information disclosure [2][3] Group 1: Violation Details - In 2021, Jinfeng Technology and its subsidiary, Shanghai Zhifu High Polymer Materials Co., Ltd., engaged in metal trading with suppliers and customers, but failed to correctly account for the income from this business, leading to inflated revenue figures [2] - The inflated revenues for the first quarter, half-year, and third quarter of 2021 were reported as 52.94 million yuan, 111.32 million yuan, and 172.35 million yuan, respectively, which accounted for 20.02%, 21.14%, and 20.74% of the reported revenue [2] Group 2: Penalties Imposed - The Jiangsu Regulatory Bureau has issued a warning and imposed a fine of 4 million yuan on Jinfeng Technology, along with individual fines on key personnel: 1.2 million yuan on Chairman Gu Qing, 1 million yuan on former CFO Deng Hao, 800,000 yuan on former General Manager Fang Yonggang, and 500,000 yuan on Zhang Wei [3] Group 3: Company Response - Jinfeng Technology acknowledged the findings in the administrative penalty decision and stated that the situation does not trigger mandatory delisting conditions under the Shenzhen Stock Exchange's rules [4] - The company expressed its commitment to improving compliance and ensuring accurate and timely information disclosure to protect the interests of shareholders [4]

Core Viewpoint - The company, Jinfu Technology, has been penalized by the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission for falsely reporting revenue in 2021 due to improper accounting practices related to its metal trading business [1][2] Summary by Sections Company Violations - Jinfu Technology and its subsidiary, Shanghai Zhifu High Polymer Materials Co., Ltd., engaged in metal trading with suppliers and customers, but only fulfilled funding obligations and received fixed interest, which should not have been recognized as revenue according to accounting standards [1] - The company overstated its revenue by CNY 52.9388 million in Q1, CNY 111 million in the first half, and CNY 172 million in the first three quarters of 2021, representing 20.02%, 21.14%, and 20.74% of the reported revenue for those periods respectively [1] Regulatory Actions - The Jiangsu Regulatory Bureau decided to issue a warning to Jinfu Technology and impose a fine of CNY 4 million; individual penalties were also levied against several executives, including CNY 1.2 million on Gu Qing, CNY 1 million on Deng Hao, CNY 800,000 on Fang Yonggang, and CNY 500,000 on Zhang Wei [2]

证券代码：300128 证券简称：锦富技术 公告编号：2025-042 关于收到行政处罚决定书的公告 苏州锦富技术股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 苏州锦富技术股份有限公司（以下简称"公司"）于 2024 年 8 月 2 日收到 中国证券监督管理委员会（以下简称"中国证监会"）下发的《立案告知书》（编 号：证监立案字 0102024019 号），因公司涉嫌信息披露违法违规，中国证监会 决定对公司立案，具体情况请参阅公司同日于巨潮资讯网披露的《关于公司收到 中国证券监督管理委员会立案告知书的公告》。 2025 年 5 月 30 日，公司收到中国证监会下发的《行政处罚事先告知书》（编 号：苏证监罚字[2025]6 号），具体情况请参阅公司 2025 年 5 月 31 日于巨潮资 讯网披露的《关于收到行政处罚事先告知书的公告》。 2025 年 6 月 27 日，公司收到中国证监会江苏监管局下发的《行政处罚决定 书》（[2025]11 号），现将相关情况公告如下： 一、《行政处罚决定书》主要内容 "当事人：苏州锦富技术股份有限公司（以下简称 ...

证券代码：300128 证券简称：锦富技术 公告编号：2025-041 苏州锦富技术股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为满足子公司业务发展及实际经营需要，在 2024 年度股东大会审议批准的 担保额度范围内，本次公司将子公司长沙市芯星新能源科技有限公司部分未使用 的担保额度调剂至子公司苏州英硕，具体情况如下： 单位：万元 | 担保方 | 被担保方 | 已审批担保 | | 未使用担保 | 本次调剂担保 | 调剂后剩余可 | | --- | --- | --- | --- | --- | --- | --- | | | | 额度 | | 额度 | 额度 | 使用担保额度 | | 苏州锦富技术股 | 长沙市芯星新能 | 1,000 | | 800 | -550 | 250 | | 份有限公司 | 源科技有限公司 | | | | | | | 苏州锦富技术股 | 苏州英硕新材料 | | 0 | 0 | 550 | 550 | | 份有限公司 | 科技有限公司 | | | | | | 一、担保情况概述 苏州锦富技 ...

证券代码：300128 证券简称：锦富技术 公告编号：2025-039 苏州锦富技术股份有限公司 关于子公司为公司提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、担保情况概述 苏州锦富技术股份有限公司（以下简称"公司"）控股子公司江苏锦天驰新 材料科技有限公司（以下简称"锦天驰"）拟以其持有的泰兴天马化工有限公司 （以下简称"天马化工"）100%股权为公司向中国民生银行股份有限公司苏州分 行（以下简称"民生银行苏州分行"）申请的 3,500 万元并购贷款增加提供质押 担保。 本次担保事项属于上市公司控股子公司对上市公司提供的担保，根据《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》《公司 章程》的相关规定，无需提交公司董事会或股东大会审议。现将具体担保情况披 露如下： 二、被担保人基本情况 公司名称：苏州锦富技术股份有限公司 成立日期：2004 年 3 月 29 日 注册地点：江苏省苏州工业园区江浦路 39 号 法定代表人：顾清 注册资本：129911.5412 万人民币 经营范围：一般项目：新材料技术研发；新兴 ...

证券代码：300128 证券简称：锦富技术 公告编号：2025-040 苏州锦富技术股份有限公司 关于公司及子公司为子公司提供担保的公告 苏州锦富技术股份有限公司（以下简称"公司"）于 2025 年 3 月 12 日召开 第六届董事会第十八次（临时）会议，审议通过了《关于公司 2025 年度对外担 保预计的议案》，并于 2025 年 6 月 24 日召开的 2024 年度股东大会审议通过了 上述议案，同意公司 2025 年度为全资子公司及控股子公司的借款提供总计不超 过人民币 5.95 亿元的担保额度，其中对控股子公司常熟明利嘉金属制品有限公 司（以下简称"常熟明利嘉"）提供不超过 5,000 万元的担保额度、对控股子公 司苏州奥英创智科技有限公司（以下简称"奥英创智"）提供不超过 4,000 万元 的担保额度；且在符合法律法规及相关规定的前提下，本次预计提供的担保总额 度可在各被担保方以及公司合并报表范围内的其他控股子公司（包括有效期内新 增或新设子公司）之间进行调剂。具体情况请详见公司于 2025 年 3 月 13 日在巨 潮资讯网（www.cninfo.com.cn）披露的《关于公司 2025 年度对外 ...

证券代码：300128 证券简称：锦富技术 公告编号：2025-038 苏州锦富技术股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会不存在否决议案的情形； 2、本次股东大会不存在涉及变更前次股东大会决议的情形； 3、本次股东大会采取现场投票和网络投票表决相结合的方式召开。 一、会议召开和出席情况 1、苏州锦富技术股份有限公司（以下简称"公司"）2024 年度股东大会（以 下简称"本次股东大会"或"会议"）会议通知于 2025 年 6 月 4 日以公告形式 发出。 2、会议召开方式：本次股东大会采取现场投票及网络投票表决相结合的方 式召开。 3、会议召开时间 （1）现场会议召开时间：2025 年 6 月 24 日（星期二）下午 14:30； （2）网络投票时间：2025 年 6 月 24 日。其中，通过深圳证券交易所交易 系统进行网络投票的时间为 2025 年 6 月 24 日上午 9:15—9:25，9:30—11:30, 下午 13:00-15:00；通过深圳证券交易所互联网投票系统投 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于苏州锦富技术股份有限公司 2024 年度股东大会的 法律意见书 国枫律股字[2025]A0333 号 致：苏州锦富技术股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2024 年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券法律 业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称"《证券法 律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《苏州锦富技术股份 有限公司章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、召 集人资格、出席会议人员资格、会议表决程序及表决结果等事宜，出具本法律意见书。 对 ...